CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

U.S. Steel stock rose 6% after Credit Suisse upgrade

18:29 4 May 2021

U.S. Steel Corp (X.US) despite broad market sell-off, shares of steel producer surged more than 6% after Credit Suisse upgraded the stock to outperform from underperform, saying that the surge in prices for steel made it clear that the industry was in a “super cycle.” Credit Suisse expects that the U.S. Steel stock will rise 42% from its Monday closing price. 

U.S. Steel Corp (X.US) stock broke above the upper limit of the triangle pattern and rose sharply during today's session. Should upbeat sentiment prevail, resistance at 27.43 may be at risk. On the other hand, if sellers will manage to regain control, then nearest support to watch liest at $26.28. Source: xStation5

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